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Okanagan International's stock currently sells for $80.75 per share. Earnings for the year are expected to be $157,500 Suppose Okanagan International follows a strict residual

Okanagan International's stock currently sells for $80.75 per share. Earnings for the year are expected to be $157,500 Suppose Okanagan International follows a strict residual dividend policy. Calculate the dividend per share they will pay if planned investments for this year are $285,000. Okanagan International has a target D/E ratio of 1.5.

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